Euro / New Zealand Dollar
Short

Resistance Rejection. Short.

116
EURNZD is trading sideways within a 1W Rectangle (STOCH = 51.408) having been rejected on 1D (STOCH = 47.437, CCI = 25.8950, Highs/Lows = 0.000) near the 1.7400 Resistance. We initiate a medium term short with TP = 1.67565.

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